Growth Metrics

Shorepower Technologies (SPEV) Debt Ratio (2016 - 2025)

Shorepower Technologies (SPEV) has disclosed Debt Ratio for 12 consecutive years, with 12.42 as the latest value for Q3 2025.

  • On a quarterly basis, Debt Ratio fell 1.38% to 12.42 in Q3 2025 year-over-year; TTM through Sep 2025 was 12.42, a 1.38% decrease, with the full-year FY2024 number at 14.06, up 319.88% from a year prior.
  • Debt Ratio was 12.42 for Q3 2025 at Shorepower Technologies, up from 6.34 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 14.06 in Q4 2024 to a low of 0.05 in Q2 2021.
  • A 4-year average of 5.9 and a median of 4.75 in 2024 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: surged 176.04% in 2024, then fell 1.38% in 2025.
  • Shorepower Technologies' Debt Ratio stood at 0.05 in 2021, then soared by 6321.32% to 3.21 in 2023, then skyrocketed by 338.14% to 14.06 in 2024, then dropped by 11.66% to 12.42 in 2025.
  • Per Business Quant, the three most recent readings for SPEV's Debt Ratio are 12.42 (Q3 2025), 6.34 (Q2 2025), and 5.07 (Q1 2025).